Widget Image
Follow PPD Social Media
Connect With PPD
Friday, August 16, 2019
HomeNewsEconomyBaker Hughes North America Rig Count Gains 5 for June 23

Baker Hughes North America Rig Count Gains 5 for June 23

Key with business words and rig equipment graphic icons relative to the oil and gas industry. (Photo: PPD/AdobeStock/JEGAS RA)
Key with business words and rig equipment graphic icons relative to the oil and gas industry. (Photo: PPD/AdobeStock/JEGAS RA)
Key with business words and rig equipment graphic icons relative to the oil and gas industry. (Photo: PPD/AdobeStock/JEGAS RA)

The Baker Hughes (BHI) North America Rig Count rose by 5 rigs for the week ending June 28. The U.S. rig count was flat at 967 and down 80 from last year, while Canada rose 5 and remained down 48 from last year.

Baker Hughes Rig CountJune 21June 28
North America10861091
U.S.967967
Gulf of Mexico2426
Canada119124

Rigs classified as drilling for oil and in operation rose by 4 in the U.S. to 793, which is 65 rigs less than the 858 one year ago. Rigs classified as drilling for gas declined by 4 to 173, and are still 14 fewer than the 187 one year ago.

Rigs in Canada classified as drilling for oil rose 4 to 84, which is 33 less than the 117 rigs in operation one year ago. Rigs classified as drilling for gas rose by 1 to 40, which is now 15 less than the 55 in operation one year ago.

The Gulf of Mexico, which is a subset of the U.S. total, rose by 2 to 26 rigs. That’s 8 more rigs than the 18 in operation one year ago.


The Baker Hughes North America Rig Count tracks changes in the number of active operating oil and gas rigs on a weekly basis. Active rigs are essential for exploration and development.

The United States and Canada are separate components, and a separate count for the Gulf of Mexico is given as a subset of the U.S. total. The count includes only rigs that are significant users of oilfield services and supplies.

Written by
Staff Writing Group

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

No comments

leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.